Mobileye CEO Amnon Shashua to step down as company expands into robotaxis and robotics

Leadership Transition at Mobileye

Mobileye founder and CEO Amnon Shashua is planning to step down from his position. He will remain CEO until a replacement is hired, according to a recent regulatory filing. Shashua has led the company for nearly three decades.

Strategic Shift Towards Robotics and Robotaxis

The leadership change coincides with Mobileye's strategic expansion into new areas, specifically robotaxis and humanoid robots. This move represents a significant shift for the company, which traditionally focused on computer vision chips for automotive safety and driver-assistance features.

Company Background and Evolution

Mobileye originated from Shashua’s academic research and became a major supplier of automotive chips. After a large IPO, Intel acquired it in 2017 for $15.3 billion, then spun it out as a public company in 2022, with Intel retaining a significant stake. Under Shashua, Mobileye also began developing its own autonomous driving systems, which it supplies to Volkswagen and MOIA.

Recent Acquisitions and Future Plans

In January, Mobileye acquired Mentee Robotics, Shashua’s humanoid robotics startup, for $900 million. This acquisition is part of what Shashua termed "Mobileye 3.0," a new phase concentrating on robotics and automotive AI. Additionally, Mobileye announced in June its intention to launch its own robotaxi service in a U.S. city by 2027, moving beyond its role as a supplier.